Wrap Technologies Files $200 Million Mixed Shelf

MT Newswires Live11-22

Wrap Technologies (WRAP) filed a shelf registration statement with US regulators on late Friday for the potential sale of up to $200 million in securities, to be offered from time to time.

The filing covers common stock, preferred stock, debt securities, warrants, subscription rights and units.

The company said the offering proceeds will be used for general corporate purposes, with flexibility for management to allocate as needed.

Shares of Wrap Technologies were down 1.4% in after-hours trading.

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